BP/ Aral to deploy MasterCard® PayPass™ contactless payment technology across the United Kingdom, Germany and Switzerland
7 June 2011, London, UK - MasterCard has today announced that BP / Aral will begin deploying MasterCard® PayPass™ contactless payments terminals across its forecourts in the United Kingdom, Germany and Switzerland over the next two years.
The development means that consumers with MasterCard PayPass and Maestro® PayPass™ enabled cards will be able to ‘Tap & Go™’ to pay for everyday purchases up to the value of £15 in the UK, €25 in Germany and 40 Swiss Francs in Switzerland at BP / Aral forecourt shops across the three countries, simply by tapping their card on a PayPass terminal at the point of sale. They can also continue to use the same cards for higher value transactions, authenticated with a PIN or signature.
Jurgen Bloemers, Marketing and Cards Director Europe, said: “Our forecourt shops are destinations for consumers, not just for fuel, but for convenience items such as coffee, snacks and top-up shopping. We are constantly looking for efficiencies in our operations and the development of contactless payment for low value transactions speeds up the transaction and reduces the handling of cash by our employees.”
Javier Perez, President of MasterCard Europe says: “As PayPass momentum builds across Europe, we’re delighted to be working with a household name like BP to grow the awareness and acceptance of contactless in three key markets, making consumers’ lives easier by enabling them to simply Tap & Go to make quick, convenient and secure purchases.”
To pay, consumers simply need to touch their PayPass-enabled card on a specially equipped terminal, removing the need to dip a card, enter a PIN or provide a signature. Meanwhile, potential benefits to retailers include a reduction in queues, increased speed through the checkout, an increase in transaction volumes at peak times and a reduction in cash handling costs.
The popularity and reach of PayPass continues to grow rapidly. As of the first quarter of 2011, more than 92 million PayPass cards and devices have been issued for use at approximately 311,000 merchant locations worldwide.
There are around 1,170 BP branded sites in the UK, more than 400 in Switzerland and 2,500 Aral branded sites in Germany.
For further information, please contact:
MasterCard UK Press Office
Tel: +44 (0)844 875 1522, email@example.com
Doyel Maitra, Head of Communications UK & Ireland Division, MasterCard
Tel: +44 (0)207 557 5033, firstname.lastname@example.org
About MasterCard Worldwide
As a leading global payments company, MasterCard Worldwide prides itself on being at the heart of commerce, helping to make life easier and more efficient for everyone, everywhere. MasterCard serves as a franchisor, processor and advisor to the payments industry, and makes commerce happen by providing a critical economic link among financial institutions, governments, businesses, merchants, and cardholders worldwide. In 2010, $2.7 trillion in gross dollar volume was generated on its products by consumers around the world. Powered by the MasterCard Worldwide Network – the fastest payment processing network in the world – MasterCard processes over 23 billion transactions each year and has the capacity to handle 160 million transactions per hour, with an average network response time of 130 milliseconds and with 99.99 percent reliability. MasterCard advances global commerce through its family of brands, including MasterCard®, Maestro®, and Cirrus®; its suite of core products such as credit, debit, and prepaid; and its innovative platforms and functionalities, such as MasterCard PayPass™ and MasterCard inControl®. MasterCard serves consumers, governments, and businesses in more than 210 countries and territories. For more information, please visit us at www.mastercard.com. Follow us on Twitter: @mastercardnews.